The Blog

As a broker, we have a third party backed by Manulife Financial that provides life and disability insurance to clients who elect this coverage.  It is not mandatory, however, it is highly recommended that our clients have some form of work, independent insurance, or mortgage life coverage.

March 28th, 2014

Completely satisfied with the customer service at Dominion Mortgage Pros!  I was pre-approved in just two days for my mortgage!!  Friendly and efficient staff, and the process was so easy!! Thanks so much! Phil

March 24th, 2014

…..I don’t want to show them how I spend my money. The lender is following the Anti-Money Laundering guidelines that are set out by the Federal Government. Any funds that have not been in an account for 90 days require their source of origin established.   The lender is not looking to see where you spend […]

March 21st, 2014

The market has started to tier pre-approval rates from approval rates.  This is due to the fact that pre-approvals tend to be held a longer time frame than approvals, which the lender runs more risk on the rates the longer they have to hold them.  Also, lenders have to hold aside a percentage of funds […]

March 14th, 2014

A pre-approval can be done on the spot and have an automatic response back within minutes of the application through some lenders if their rate is the best.  This works great for clients where credit, ratios, and down payment are very straight forward.  Otherwise, it takes about 24 hours to have a lender look and […]

March 7th, 2014